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Technology Stocks : Micron Only Forum
MU 237.50-1.5%3:59 PM EST

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To: Skeeter Bug who wrote (47783)8/24/1999 2:09:00 PM
From: DJBEINO   of 53903
 
the chip industry is "solidly" into a cyclical expansion that started in September last year and could continue into 2001

Meanwhile, Donaldson Lufkin & Jenrette analyst Kevin McCarthy said Micron Technology's (MU: news, msgs) 64Mb DRAM price rose 50 cents to $8.10 in Taiwan Tuesday, while the price of "unbranded DRAM" went up 65 cents since Friday to $7.50.

McCarthy said he expects orders for brands such as Micron and Hyundai to increase over the next few days, while "supply of unbranded DRAM grows tighter."

cbs.marketwatch.com
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